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The Future (Public Company Boardroom) Is Female: From California Sb 826 To A Gender Diversity Listing Standard, Sunitha Malepati

American University Journal of Gender, Social Policy & the Law

Introduction

The issue of board diversity has received an unusual amount of attention in recent years as corporations face an increasing amount of pressure to add more women to their boards. In 2017, State Street Corporation, the world’s third-largest asset manager, made headlines when it announced its board gender diversity campaign by placing a statue of the Fearless Girl staring down the Charging Bull of Wall Street in New York City’s Financial District. At the beginning of 2020, Goldman Sachs announced that it would require companies it helps take public to have at least one diverse board member, with a …